11 Ramore St Cambridge, Ontario

Offered at $675,000

Square Feet 1,970

Beds / Baths 7 / 5

MLS ID 30805338

The Story

A charming Legal Triplex in one of the most exciting areas of Cambridge. Shouldering the Gaslight District, the School of Architecture, Hamilton Theatre, and a short stroll from downtown Galt. If you’ve been searching for a cash-flowing, turn-key investment, with A+ tenants in a prime location, then take a deeper dive into the attached media. Close to 3000 sqft of finished living space on a quiet, tree-lined street. Accessible to transit, schools, parks, shops, and river trails. Ample parking, low-maintenance outdoor space, several significant upgrades including a completely renovated apartment. The main-floor unit is a freshly painted, 2 bedroom space with an abundance of natural light and a functional floor plan. The upper, 3 bedroom space is vacant and updated with a slick new kitchen, beautiful laminate flooring, contemporary color scheme, and a modern 4 piece bathroom. Guaranteed there will be a queue of A+ tenants wanting to sign this lease, or perhaps you'll opt to move in yourself and let the other 2 units help with the mortgage. The lower apartment is a light, bright, walk-out unit with 2 bedrooms, a lovely large eat-in kitchen, and a cozy living room. 2 driveways, 2 hydro meters, 2 furnaces, separate shared laundry on the main level. Operating expenses approx $13,000/yr, gross income has the potential to exceed $40,000/yr. Viewing of vacant Unit only. Tenanted units may be viewed with an accepted offer.

Walk / Transit Score 68 / 51

Property Dimensions 61 x 89

Property Taxes $4,026

Year Built 1919

360° Tour

Floorplan PDF

The Details

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